SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Acquired by Citigroup Inc.

Citigroup Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,386 shares of the exchange traded fund’s stock after purchasing an additional 1,132 shares during the quarter. Citigroup Inc. owned about 0.05% of SPDR Bloomberg High Yield Bond ETF worth $4,243,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of JNK. Ocean Park Asset Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares during the period. Assetmark Inc. boosted its position in SPDR Bloomberg High Yield Bond ETF by 4.1% during the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after purchasing an additional 174,815 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Bloomberg High Yield Bond ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock worth $297,545,000 after purchasing an additional 19,504 shares during the period. Thrivent Financial for Lutherans boosted its position in SPDR Bloomberg High Yield Bond ETF by 13.7% during the third quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after purchasing an additional 165,682 shares during the period. Finally, Toews Corp ADV boosted its position in SPDR Bloomberg High Yield Bond ETF by 65.9% during the second quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after purchasing an additional 441,900 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $96.81 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.38 and a 1-year high of $97.90. The business has a 50 day moving average of $96.79 and a 200-day moving average of $95.82.

SPDR Bloomberg High Yield Bond ETF Profile

SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.